A strengthening dollar is to putting pressure on the service industry, and being blamed for the Dubai private sector contracting. That’s according to financial experts following the latest Dubai Economy Tracker which indicated that the private sector had modest declines in February for the first time since 2010. The index is provided by Emirates NBD and is a monthly assessment of business activity. The index for February declined to 48.9 in February from 50.7 in January.
Emirates offers flyers to Dubai unlimited free date changes
Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.
US court rules Meta, other tech firms must face thousands of social media addiction lawsuits
A US appeals court has allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's Snapchat on Monday over claims they designed their products to be addictive to young users.
US judge dismisses criminal case against Indian billionaire Adani
A US judge has dismissed criminal charges against Indian billionaire Gautam Adani on Monday, after the Justice Department said it had decided to abandon the fraud and bribery case.
Abu Dhabi and Dubai explore seamless parking integration
Q Mobility, Abu Dhabi’s leading public parking operator, and Parkin Company, Dubai’s largest provider of public parking facilities and services, have signed a Memorandum of Understanding to strengthen cooperation.
Global Village opens registration for F&B outlets
Global Village has opened registration for F&B businesses and enterprises to sign up for Season 31.
